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Rainbow Lake in Ridgefield CT: Real Estate Activity 2006-2008

Rainbow Lake, Ridgefield, CTI have been fortunate enough to have lived on Rainbow Lake since November 2001. Over the years, there has been a lot of renovation, re-building, and refurbishing of the original lake cottages surrounding the lake that were built in the mid 1930’s to 1940’s. Rainbow Lake is a magnificent 44 acre lake nestled in a valley behind the Bennett’s Pond Trail System, Hemlock Hills, and Pierrepont State Park in Ridgefield, CT.

In the past few years we have seen an influx of city dwellers looking for a weekend retreat within 1 hour of NYC. Ridgefield’s Rainbow lake, with its quiet understated charm seems to fit the bill. Most of the homeowners of Rainbow Lake are here full-time, but the mix of weekenders and residents give it a resort feel in the heart of the New York suburbs.

Rainbow lake real estate values continue to increase as more and more people discover the allure of lake living. Following are all of the transactions from the past two years around Rainbow Lake. Note how many were listed, sold or both listed and sold by Rob and me. Nobody knows the lake like us and we are always available to answer any questions you might have about buying, selling or living on the lake. We are the ‘lake experts”!

Rainbow Lake Home Sales 2006 - 2008

Note homes listed and sold by The Kimmelman-Gutman Group (KGG)

Address List Price Sold Price Style Beds Baths  
191 LAKESIDE DR $599,000 $550,000 Cape 3 2.5 Sold by KGG
210 MOUNTAIN RD $429,000 $429,000 Cottage 2 1.5 Listed by KGG
265 BENNETTS FARM RD $509,000 $478,500 Contemporary 3 1 Sold by KGG
321 BENNETTS FARM RD $949,000 $910,000 Ranch 3 3.5  
6 RAINBOW DR $420,000 $387,000 Ranch 3 1  
253 BENNETTS FARM RD $445,000 $440,000 Ranch 3 2  
14 CLEARVIEW DR $519,900 $506,000 Colonial 3 2 Listed by KGG
40 MOUNTAIN RD $789,850 $750,000 Colonial 3 2.5  
17 LAKE RD $629,000 $592,500 Colonial 3 2 Listed and Sold by KGG
174 MOUNTAIN RD $635,000 $621,000 Cape 3 3 Listed and Sold by KGG
6 CRESCENT DR $575,000 $548,000 Ranch 2 1 Listed by KGG
157 MOUNTAIN RD $599,000 $580,000 Contemporary 2 2 Sold by KGG
18 CLEARVIEW TER $695,000 $645,000 Colonial 3 3 Sold by KGG
18 CLEARVIEW TER $849,000 $787,500 Colonial 3 4.5 Listed and Sold by KGG
28 CREST RD $449,000 $428,000 Raised Ranch 3 1.5 Listed and Sold by KGG
66 CRESCENT DR $539,000 $510,000 Contemporary 3 2 Listed by KGG
205 MOUNTAIN RD $899,000 $883,000 Contemporary 3 3 Listed by KGG
333 BENNETTS FARM RD $595,000 $565,000 Farmhouse 4 2  
315 BENNETTS FARM RD $375,000 $365,000 Cottage 3 1  
109 MOUNTAIN RD $339,500 $339,500 Ranch 2 1  
279 MOUNTAIN RD $1,300,000 $1,200,000 Contemporary 3 3.5  
358 BENNETTS FARM RD $429,000 $431,000 Split Level 3 2  
4 WOODY PL $499,500 $487,500 Colonial 3 3  

Related Posts:

We are always available to answer questions, give advice or help in any way possible. Please contact us for anything.

Spoken by Brad Kimmelman | Discussion: 2 Comments »

5 Ways to Enjoy the New England Winter in Ridgefield, Connecticut

Fox Hill Lake, Ridgefield, CTGet outside! Ridgefielders have so much fun in the winter. With all of our lakes and trails, streams and hills there’s so much to enjoy. Nothing like a traditional New England winter: frozen lakes, snow on the ground, neighborhood gatherings on the ice, …

Here’s a list of how to enjoy these luscious winter afternoons:

Ice Skating on Fox Hill Lake, Rainbow Lake, Mamanasco Lake, Lake Windwing and Pierrepont Lake

Ridgefield has several lake communities that take on a whole different flavor when the lake freezes over. Your neighbors come out to skate, the kids (and some dads) play hockey, it’s great to see neighbors and friends during the winter. It’s just good wholesome New England fun. I took these pictures in my neighborhood on this gorgeous January weekend. I was out on Fox Hill Lake.

Ice Fishing (also on Fox Hill, Rainbow, Mamanasco and Pierrepont)

The ice fishers have been out in force this winter. Drilling holes through the ice, dropping their lines and setting their tip-ups to signal a catch.

Snowshoeing

Fox Hill Lake, Ridgefield, CTRidgefield has 1000’s of acres of open space. Town-owned land, state-owned land, Nature Conservancy and more. There’s a great variety of terrain as the trails run along streams and rivers, around lakes, over mountains and through forests, fields and meadows. And when there’s snow on the ground, all of these trails are prime for snowshoeing. If you don’t have snowshoes, just pick up a pair at EMS in Danbury and enjoy hours of winter exercise in the peace and quiet of the winter woods. Personally, this is one of my favorite things about winter in Ridgefield. I grab my dog and go right out my back door and into Pierrepont State Park.

Winter Hiking

When winter deals us little or no snow, there’s nothing quite like a hike on a crisp sunny afternoon. Brad and I were out at Bennetts Pond this past weekend and saw several groups of hikers soaking up winter’s serenity. We even ran into a few intrepid mountain bikers making their way through the icy woods. Enjoy Ridgefield’s miles and miles of hiking trails in every season.

Ridgefield Lakes:

Fox Hill Lake
Rainbow Lake
Lake Mamanasco
Pierrepont Lake
Lake Windwing

Ridgefield Snowshoe/Hiking Trails:

Pierrepont State Park
Bennetts Pond

Spoken by Rob Gutman | Discussion: 3 Comments »

10 Things To Know About Rainbow Lake in Ridgefield, CT.

I moved to Rainbow Lake in Ridgefield, CT from the Upper West Side of Manhattan in December 2001. We bought one of the original little lake cottages built in 1940. It was an 860 square foot, “winterized” summer cottage on 1/2 an acre with fantastic lake views.

The house itself was”charming” but lacked the creature comforts that Americans have come to expect: a working bathroom, insulation, and enough room for my small family to hear ourselves think. Regardless, it was the best purchase I’ve ever made. In November 2004 we began remodeling (which became demolition and the biggest nightmare of our lives), and now live in the 1800 square foot home you see below. If it weren’t for the rustic beauty of the lake and the incredible spirit of our neighbors and friends around the lake, we couldn’t now say that we are living our dream. Here are 10 things you should know about our magical lake community:

1 ) Originally named, Wataba Lake, Rainbow Lake is a wonderful community of lake homes in Ridgefield, CT ranging in value from $299,000 to about $1,600,000.

2 ) Rainbow Lake is a private 44-acre, man-made lake that was developed in the early 1940’s by Willie Winthrop as a summer destination for wealthy New Yorkers. Our community is now inhabited mostly by full-time, year-round residents.

3 ) Rainbow Lake is just over 1 hour to Mid-town Manhattan by car and by train.

4 ) Some of the largest bass in Connecticut can be caught while fishing on Rainbow Lake (residents only).

5 ) The Ridgefield Lakes Association (RLA) is an optional association open to those residents who live within the Association’s boundaries. The RLA is responsible for maintaining the lake’s two beautiful beaches, water quality, and the dam. There are two social events held for the RLA membership every year: the holiday caroling & party, and the summer beach barbecue.

6 ) The people who live on Rainbow Lake are an eclectic bunch of people: artists, attorneys, educators, surgeons, contractors and even a celebrity singer who has weekended here for decades. We walk around the lake and wave hello at every chance we get.There is a wonderful combination here of privacy and friendliness.

Rainbow Lake in Fall7 ) The lake does not allow motor boats, but you can canoe, kayak and sail on Rainbow Lake until your heart’s content.

8 ) We abut hundreds of acres of open space including, Hemlock Hills, and the Bennett’s Farm Trail System where you can hike and mountain bike like a champ.

9 ) The roads are narrow, and there is limited parking, but somehow we all get where we are going and rarely (never) have to drive around in circles looking for a parking space like I did in NYC.

10 ) Rainbow Lake is quite possibly one of the best place to Live in Connecticut, if not the United States.

If you are a Rainbow Lake resident, please feel free to post a comment about your experience of living on Rainbow Lake.

Spoken by Brad Kimmelman | Discussion: 5 Comments »

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